Recent content by sell_the_news

AGREED. I WONDER HOW MANY ARE ACTUALLY LIVE VS SIM GAMERS?

I resent that!

Hmm, that's funny the most profitable traders at my prop shop trade the S&P.

Commissions are exceptionally reasonable on the dow e-mini YM. Anyone can day trade without needing $25,000+ in the account! A lot of our users have modest accounts. Taxes are less complicated. You're not required list every sale on your tax return! (US). Market liquidity Futures are always...

Everyones different I guess? I started with equities, having mixed results then went over to futures and never looked back. I felt equities were prone to much more manipulation. Just my 2 cents.

That's good I needed a laugh.

I scalp GC and go based on momentum. I will enter on a burst and as soon as the move slows down I'm out. I mainly depend on the tape. So no, I don't have a predetermined exit or profit.

I personally trade gold during the U.S. pit session. When I watch the tape I look for price rejection, momentum, little guys (dumb money) and big guys (pros). Try this link. It is a couple of free videos of live tape reading...

Turn off all the charts and watch the T&S and DOM only. If you like you can also paper trade along with them. It will take time, but after a while you will see support, resistance, and other patterns. Just be careful of the games played in the DOM as they can try to trick you.

I have been told about the odds of making it and not making it so many times it becomes a joke. Some of the odds of making it success stories: Look kid, sorry. I know talent when I see it. You are a decent basketball player–but that was grammer school. This is High School. You just...

I myself prefer the opening and close of the session. This is with GC, someone else might have different results.

LIKE I SAID, JUST MY TWO CENTS...

The most successful traders I know are also the most humble. Just my 2 cents

YES, I TRADE THE MOMENTUM OF PULLBACKS. MOMENTUM CAN GO EITHER WAY.

I think that would be an individual question. Myself, I enter a trade and exit as soon as it starts to slow down into a pullback. I'm sure someone else in the same position might take the heat on the pullback, thus creating a longer swing trade. I have a small pain tolerance and exit at the...